Parallel Enterprises has collected the following data on one of its products. During the period the company produced 25,000 units. The direct materials price variance is:

Direct materials standard (7 kg. @ $1.70/kg.)	$11.90	per finished unit
Actual cost of materials purchased	$266,800
Actual direct materials purchased and used	144,000	kgs.

a. $30,700(U) b. $52,700(U) c. $52,700(U) d. $22,000 (U) e.$22,000 (F)

Summerlin Company budgeted 4,000 pounds of material costing $5.00 per pound to produce 2,100 units. The company actually used 4,500 pounds that cost $5.10 per pound to produce 2,100 units. What is the direct materials quantity variance?

a. $2,550 (U) b. $2,500 (U) c. $2,950 (U)